L3Harris Technologies
LHXIn 2026 L3Harris sold a controlling stake in its Space Propulsion and Power Systems business (most of the former Aerojet Rocketdyne) to AE Industrial Partners, keeping the RS-25 engine and a minority holding; Sam Mehta became President and CEO on 17 August 2026.
- Founded
- 2019
- Headquarters
- Melbourne, United States
- Stage
- Public
- Ownership
- Listed
- Market cap
- $45.7B-15.5% 30d
- Employees
- 45,000as of 2026
Quick Facts
About L3Harris Technologies
In 2026 L3Harris sold a controlling stake in its Space Propulsion and Power Systems business (most of the former Aerojet Rocketdyne) to AE Industrial Partners, keeping the RS-25 engine and a minority holding; Sam Mehta became President and CEO on 17 August 2026. L3Harris Technologies is a global aerospace and defense technology company operating as "The Trusted Disruptor" across air, land, sea, space, and cyber domains. With over $21 billion in annual revenue and operations in more than 100 countries, L3Harris delivers mission-critical solutions across four strategic business segments with the speed, passion, and determination that government and commercial customers demand.
In the space domain, L3Harris provides comprehensive capabilities spanning satellite systems, ground infrastructure, and mission operations. The company manufactures solid rocket motors at scale to power defense and launch applications. L3Harris supports NOAA's weather satellite programs, including next-generation imaging technology for the GeoXO satellite system, advancing weather monitoring and climate observation capabilities for disaster preparedness and environmental research.
The company contributes critical components to NASA's Artemis program, including the Orion Main Engine supporting crewed lunar missions. L3Harris space ground systems enable satellite command, control, and data processing for military, intelligence, and civil customers. Their responsive space capabilities deliver rapid solutions for emerging national security requirements.
L3Harris emphasizes multi-domain integration, connecting space assets with terrestrial networks for comprehensive situational awareness. The company's imaging and sensor systems provide critical Earth observation data, while protected communications satellites ensure resilient connectivity for defense operations. With deep expertise in electro-optical sensors, space-based infrared systems, and ground processing, L3Harris delivers end-to-end space mission capabilities. Their acquisition of companies like Aerojet Rocketdyne further expands propulsion and space access capabilities, positioning L3Harris as a premier space technology provider.
Products and product lines
| Product | Line | Note |
|---|---|---|
| RS-25 engine | Rocket propulsion | SLS main engine, derived from the Space Shuttle Main Engine; L3Harris retained RS-25 operations when it divested its broader Space Propulsion and Power Systems business in 2026. |
| GPS III / PNT navigation payload | Satellite payload | Positioning, navigation and timing payload flown on U.S. GPS satellites across more than 70 missions since the 1970s. |
| GeoXO instruments | Weather satellite sensor | Next-generation imaging instruments for NOAA's GeoXO geostationary weather satellite program. |
| SDA Tranche 3 Tracking Layer satellites | Missile-tracking satellite | 18 missile-warning/tracking (MW/MT) satellites under an $843 million Space Development Agency contract awarded 19 December 2025. |
| Nancy Grace Roman Space Telescope optics | Space telescope hardware | 2.4-meter Optical Telescope Assembly and radiation-hardened electronics built for NASA's Roman Space Telescope, which launched successfully in August 2026. |
| Rocketdyne (minority stake) | Rocket propulsion | Upper-stage engine (including RL10), in-space propulsion, nuclear power and avionics business spun off as the independent company Rocketdyne after L3Harris sold a majority stake to AE Industrial Partners in August 2026; L3Harris retains a minority interest. |
Timeline
- 2023 L3Harris completes its $4.7 billion acquisition of Aerojet Rocketdyne on 28 July, adding propulsion and space-access capabilities. [source]
- 2025 The Space Development Agency awards L3Harris $843 million on 19 December to build 18 Tranche 3 Tracking Layer missile-warning/tracking satellites. [source]
- 2026 AE Industrial Partners announces a definitive agreement on 5 January to acquire a controlling interest in L3Harris's Space Propulsion and Power Systems business ('Rocketdyne'), with L3Harris retaining a minority stake and the deal excluding the RS-25 engine. [source]
- 2026 L3Harris completes the sale of a majority stake in its commercial space propulsion, power and electronics businesses to AE Industrial Partners for $845 million on 4 August, forming the independent company Rocketdyne; L3Harris keeps about 40% ownership and its RS-25 operations. [source]
- 2026 L3Harris terminates CEO Christopher Kubasik for conduct inconsistent with the company's code of conduct and names Sam Mehta — most recently president of its Space & Mission Systems and Communications & Spectrum Dominance segments — as President and CEO, effective 17 August. [source]
- 2026 The 2.4-meter Optical Telescope Assembly and radiation-hardened electronics L3Harris built for NASA's Nancy Grace Roman Space Telescope reach orbit after a successful launch, celebrated by L3Harris on 30 August. [source]
- 2026 L3Harris's fiscal 2025 10-K discloses the company will streamline from four operating segments (Communication Systems, Integrated Mission Systems, Space & Airborne Systems, Aerojet Rocketdyne) to three beginning fiscal 2026. [source]
Team
- Sam MehtaCEO · source
Signals
- Market cap, 90 days
- -20.2%
- Verification
- Verified 2026-09-09
Categories & Capabilities
Stock Performance
LHX · Daily close data
Funding
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Frequently asked about L3Harris Technologies
Quick answers to the questions readers most often search for.
- When was L3Harris Technologies founded?
- L3Harris Technologies was founded in 2019 in United States.
- Where is L3Harris Technologies headquartered?
- L3Harris Technologies is headquartered in Melbourne, United States.
- What does L3Harris Technologies do?
- In 2026 L3Harris sold a controlling stake in its Space Propulsion and Power Systems business (most of the former Aerojet Rocketdyne) to AE Industrial Partners, keeping the RS-25 engine and a minority holding; Sam Mehta became President and CEO on 17 August 2026. L3Harris Technologies is a global aerospace and defense t…
- Is L3Harris Technologies publicly traded?
- Yes. L3Harris Technologies trades under the ticker LHX on NYSE.
- What sector does L3Harris Technologies operate in?
- L3Harris Technologies works in satellite manufacturing, Defense and Ground systems, plus 4 other space-industry sectors.
Sources
The structured fields on this page (founding year, location, sector, status, listing) and the profile text are drawn from the sources below. How profiles are drafted and checked is described in our methodology.
- Official website (l3harris.com)
- Market data via Yahoo Finance (LHX) · retrieved 2026-09-14
- SEC 10-K · retrieved 2026-09-04
- Wikidata / Wikipedia · retrieved 2026-09-04
- Merged duplicate entry harris-space · retrieved 2026-09-05
- Wikipedia: Aerojet Rocketdyne — acquisition close date/price and 2026 divestiture terms · retrieved 2026-09-09
- Space Development Agency: SDA Makes Awards to Build 72 Tracking Layer Satellites for Tranche 3 (19 Dec 2025) · retrieved 2026-09-09
- AE Industrial Partners (via Yahoo Finance): agreement to acquire majority stake in L3Harris's Space Propulsion & Power business (5 Jan 2026) · retrieved 2026-09-09
- L3Harris (via Yahoo Finance): L3Harris Completes Sale of Majority Stake in Commercial Space Propulsion, Power and Electronics Businesses (4 Aug 2026) · retrieved 2026-09-09
- L3Harris: L3Harris Technologies Appoints Sam Mehta ... as President and Chief Executive Officer (17 Aug 2026) · retrieved 2026-09-09
- L3Harris: L3Harris Celebrates Successful Launch of NASA's Nancy Grace Roman Space Telescope (30 Aug 2026) · retrieved 2026-09-09
Data Accuracy Notice: Information about L3Harris Technologies is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.